UK Commercial Mortgage for Investment Property in Housing, Flats and Apartments.
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Jump to: Acceptable Security | Mortgage Application Requirements
Our commercial property mortgage consultants all have backgrounds in the banking sector and can offer added experience and advice to clients in respect of structuring commercial property deals such as commercial mortgages for Investment Property in Housing, Flats and Apartments for the rental market.
Area - Investment Property Portfolio, value £690,000 covering Leicester
Mix of retail, factory and residential. Total rental income £103,000 per annum. Our deal enabled our client to go out and purchase 3 more Commercial Properties. His existing funder felt this was too big a jump in one go and was only prepared to fund one acquisition.
Residential Commercial Mortgage Solution
Area - Development Facility for 9 houses in the Cotswolds
The client owned a Residential Care Home, which had closed down because it was not "fit for the future".
Planning permission was obtained for a Residential Housing Development which involved demolishing part of the existing Home and converting the remainder into two units, plus seven new build units in the grounds. The client's Project Manager was formerly the Commercial Director of one of the large building plc's.
Residential Commercial Mortgage Solution
Area - Development facility to build 20 self-contained, 5-bedroom flats for the student market in Leicester
Client is converting his existing factory unit into flats and also building a new block of flats on land he owns adjacent to the factory. The property is in a prime location, opposite a major University.
The client's existing bankers were only prepared to fund the development on a phased basis. Our deal enabled the client to build out in one operation, saving considerably on build costs.
Residential Commercial Mortgage Solution
Area - Investment Property Portfolio in North London, mix of houses and flats.
With the rise in property values over the last 3 years, our client was eager to utilise the equity in his existing portfolio to go out and purchase more residential property.
The client's existing bank did not come up with a particularly attractive package.
Residential Commercial Mortgage Solution
Almost all commercial property is acceptable, this includes:
We have access to over 80 commercial mortgage lenders, with some offering Adverse Credit Commercial Mortgages enabling us to match the client’s UK Residential Commercial Mortgage requirements to the most appropriate lender. At Sterling Capital Reserve, we are able to source a wide range of innovative and competitive commercial property finance packages, secured against investment property, factories and offices, warehousing and storage, hotels, pubs and restaurants, care homes and professional practices.The financial information that we will need to support a mortgage application is as follows:
Alternatively if you can't arrange any of the above - we are one of the few brokers who can offer Non Status Residential Commercial Mortgages.
All cases are supported by professionally prepared credit applications, thereby significantly enhancing the chances of our clients securing the optimum financial package. Unlike some of our competitors, we do not believe in up front charges. Our fees are only payable when our client has received a formal offer of finance.
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Residential Commercial Mortgage.
